Central Government: The government earned 4.3 lakh crores from the duty on petroleum

Posted on 20th Jul 2022 by rohit kumar

The central government has earned Rs 4.31 lakh crore as customs duty and excise duty on petroleum products during the financial year 2021-22. This information has been revealed under the Right to Information (RTI).

 

According to the information received, a customs duty of Rs 50,902.43 crore was collected on the import of petroleum products in India during the financial year 2021-22. During this period, Rs 3,80,113.47 crore was deposited in the exchequer in the form of central excise duty applicable on the manufacture of petroleum products in the country. In this way, the government earned Rs 4.31 lakh crore during the last financial year. Chandrashekhar Gaur of Neemuch in Madhya Pradesh had sought this information by applying RTI.

 

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